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The largest owner of bitcoins named the date when bitcoin will become more popular than gold

6:21 pm, January 15, 2023

Michael Saylor, co-founder of the US-based MicroStrategy, has shared what he thinks will happen to bitcoin (BTC) in the next eight years.

In a recent interview with Cory Klipsten, founder and CEO of Swan Bitcoin, Saylor said that he believes bitcoin will become the #1 global means of saving by 2031.

Saylor mentioned some traditional financial institutions, such as BlackRock and Fidelity, which have recently started using bitcoin because of its potential, despite having previously distanced themselves from the asset.

The MicroStrategy co-founder also mentioned the explosive growth of the Lightning Network as another factor that will make the digital asset a global savings vehicle. The Lightning Network is a second-tier solution based on the OTP protocol that allows for faster and cheaper transactions. Interestingly, MicroStrategy plans to develop applications based on the Lightning Network, as Sailor said during the interview.

As a reminder, MicroStrategy is the largest public business owner of bitcoin in the world.

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